Welcome to our dedicated page for Intercontinental Exchange news (Ticker: ICE), a resource for investors and traders seeking the latest updates and insights on Intercontinental Exchange stock.
News about Intercontinental Exchange, Inc. (NYSE: ICE) centers on its role as a Fortune 500 operator of exchanges, data platforms, and mortgage technology. The company repeatedly describes itself as designing, building, and operating digital networks that connect people to opportunity, and its announcements reflect activity across futures, equity, and options exchanges, including the New York Stock Exchange, as well as clearing houses and data services.
Readers following ICE news can expect updates on trading volumes, open interest, and market statistics across its derivatives and cash markets, including energy, environmental products, interest rates, equity indexes, and natural gas benchmarks. The company also issues releases on milestones in its fixed income and data services business, such as records in fixed income electronic execution and credit default swap clearing, and developments in its index and data platforms.
News flow further covers mortgage technology and housing finance analytics, where ICE Mortgage Technology publishes delinquency, foreclosure, and prepayment trends. Additional announcements highlight climate and risk data offerings, including integrations of ICE Climate data into third-party fixed income platforms, and collaborations that bring ICE’s cross-asset data and analytics into wealth management and brokerage workflows.
Corporate and regulatory disclosures appear in the form of press releases tied to SEC filings, debt offerings, governance changes, and amendments to corporate documents related to its exchange and swap execution facility subsidiaries. For investors and market professionals, the ICE news page offers a centralized view of how the company’s exchanges, data services, and mortgage technology businesses are evolving across asset classes and regions.
Intercontinental Exchange (NYSE: ICE) announces that ICE Benchmark Administration (IBA) has published a consultation regarding its intention to cease LIBOR settings. This follows discussions with panel banks and the FCA. The consultation is open until January 25, 2021, with results to be shared with the FCA. IBA anticipates a representative panel for USD LIBOR settings until June 30, 2023, but the consultation does not confirm continuation beyond specified dates. ICE Benchmark Administration is authorized by the FCA and complies with EU benchmarks regulation.
Intercontinental Exchange (NYSE: ICE) announced that its ICE Data Services was awarded as the best pricing and valuations data provider in the A-Team Group's 2020 Data Management Insight Awards. The recognition highlights ICE's performance in market data services, catering to fixed income, equity, and derivatives markets with independent pricing on around 3 million securities. ICE's evaluated pricing supports over $1 trillion in managed assets globally and includes a recently launched ESG reference data service to aid customers in identifying risks and opportunities.
Intercontinental Exchange (NYSE: ICE) announces that ICE Benchmark Administration Limited (IBA) plans to cease publication of certain USD LIBOR settings. The one week and two month USD LIBOR settings will stop after December 31, 2021, followed by the remaining USD LIBOR settings on June 30, 2023. This decision follows the UK Financial Conduct Authority's (FCA) guidance urging a transition away from LIBOR. The consultation for feedback on these changes is expected to close by January 2021.
Intercontinental Exchange (NYSE: ICE) announced that Chairman & CEO Jeffrey Sprecher will present at the 2020 Goldman Sachs U.S. Financial Services Conference on December 9 at 10:40 AM ET. The presentation will be available live and in replay via webcast on ICE’s investor relations website.
ICE is a leading operator of global exchanges and clearing houses, providing marketplace infrastructure, data services, and technology solutions to various sectors including financial institutions and corporations.
Intercontinental Exchange (ICE) announced the successful results of the ICE Endex gas storage auction held on November 25, 2020, offering 1,696,084 Standard Bundled Units (SBUs) for the 2021/2022 contract period. All SBUs were allocated at an average weighted price of 3.35 EUR. ICE Endex has conducted these gas storage auctions since 2011, with volumes for TTF Futures and Options increasing significantly, reflecting the evolving global benchmark for natural gas. The gas storage capacity totals nearly 5 billion kWh.
Intercontinental Exchange (NYSE: ICE) announced an enhancement to its ICE Term SONIA Reference Rates by incorporating Tradeweb's dealer to client data into its 'Waterfall' methodology. This expansion aims to bolster the robustness of the calculation by using a broader range of data inputs, including tradeable prices from major trading venues. This update follows the initial beta launch of ICE Term SONIA Reference Rates in July 2020 and seeks to improve transparency and accuracy for market users. The updated rates are available on the ICE Term Risk Free Rates Portal.
In October 2020, interest rates for loans dropped to a record low of 2.99%, marking the first occurrence of rates falling below 3% since tracking began in 2011, according to the Origination Insight Report by Ellie Mae, now part of ICE Mortgage Technology. The report highlights that refinances surged to 60% of total closed loans, while purchase loans fell to 40%. Average closing times increased to 54 days, with a steady FICO score average of 753. Conventional loans represented 82% of all closed loans, showcasing the mortgage market's current dynamics.
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